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3 years ago

The aggregate demand curve

Business

1 answer:

laiz [17]3 years ago

5 0

Answer:

<u>B. shows planned purchase rates of goods and services at various price levels.</u>

Explanation:

The aggregate demand is the total demand for final goods and services in the economy over a given period of time. And is often distinguished as the effective demand curve. That is the demand for the GDP of the nation.

As it specifies all the goods and the services that are to be purchased at all the possible levels. Hence this demand curve shows us the real output given on the horizontal axis. Thus the curve shows the quantity of the output that is demanded and the aggregate of the all price level.

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Explanation:

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Answer:

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Explanation:

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Answer:

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When the income elasticity is negative it means that the good is inferior so when the income is increased, the demand of the good decrease beacuse its demand change to a better quality good. For instance in this case a fresh meal.

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(((3350-3550)/3550)/((20-18)/18))*100

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3 years ago

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Correct option A

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Globalization has enabled firms to specialize and to increase the intensity of R&D, innovation and capital in their output.

Globalization has made it easier for new companies to start competing with old companies.

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Answer:

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Computation of the cost per equivalent unit for materials and conversion for the month:

1. Material cost per equivalent unit: $1,100

2. Conversion cost per equivalent unit: $1,350

Explanation:

a) Data and Calculations:

Units % of completion Equivalent unit

Materials Conversion Materials Conversion

Beginning WIP 120 50% 50% 60 60

a) Started and

Completed 530 100% 100% 530 530

b) Ending WIP 220 50% 30% 110 66

Equivalent units 640 596

Cost of production:

Materials Conversion

Beginning WIP $68,000 $73,200

Started & completed 636,000 731,400

Total cost $704,000 $804,600

Equivalent units 640 596

Cost per equivalent unit $1,100 $1,350

b) When calculating the equivalent units under the weighted average process costing method, the units beginning work-in-process are not taken into consideration, but the costs are.

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3 years ago